All Europe news – Page 56
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NewsSAS recruits Seabury restructuring specialist as transformation officer
Scandinavian carrier SAS has named strategy and restructuring specialist Ginger Hughes as the company’s new chief transformation officer. SAS filed for US Chapter 11 bankruptcy protection in July last year, in order to undertake its ‘SAS Forward’ restructuring programme. Hughes was previously a senior manager at advisory firm Seabury Group ...
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NewsRussian government outlines additional support measures for civil aircraft manufacturing
Russian prime minister Mikhail Mishustin has outlined additional support measures for the country’s aviation industry, as crucial aircraft programmes edge towards serial production. At a governmental meeting on 31 August, Mishustin highlighted the maiden flight – two days earlier – of the modified Yakovlev SJ-100, a version of the Superjet ...
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NewsTurkish Airlines to order 10 more A350-900s
Turkish Airlines has disclosed its decision to acquire 10 more Airbus A350-900s for delivery from 2025.
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NewsNew regional carrier Bermudair completes first flights, to and from Boston
Regional start-up carrier Bermudair launched its first flights from Bermuda to the East Coast of the USA on 1 September after being delayed by supply chain issues and then Hurricane Franklin.
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NewsKLM hits out as Dutch government presses ahead with Schiphol flights cut
Netherlands carrier KLM has hit out at the outgoing Dutch government’s intent to go ahead with cuts in capacity at its Amsterdam Schiphol airport hub to counter noise pollution.
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NewsIcelandair shuffles senior management as it combines revenue and customer activities
Icelandair’s chief operating officer, Jens Bjarnason, is stepping down from the role, to be succeeded by chief customer officer Sylvia Kristin Olafsdottir. The change is part of a senior management reshuffle at the carrier which also involves chief revenue officer Tomas Ingason moving to become chief commercial officer. Icelandair says ...
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Airline BusinessStart-ups seek chance to find a niche in the market, despite challenges
The past couple of weeks have given ample reminder of both the opportunities and challenges when trying to enter the airline business. That is perhaps best illustrated by the faltering efforts to revive former UK leisure carrier Monarch Airlines. In mid-August a new iteration of the carrier emerged via a ...
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NewsEASA proposal completes regulatory framework for eVTOL operations
Europe’s safety regulator has submitted proposals for rules governing safe operation of future vertical take-off aircraft, including air taxis, which will complete the regulatory framework allowing such services to begin. The European Union Aviation Safety Agency has published a formal opinion introducing a set of operational requirements for piloted electric ...
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Airline BusinessAirline Business performance tracker: Europe Q2 2023
Key data from the most-recent European earnings period – the April-June 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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NewsRestructuring SAS achieves first profitable quarter in four years
SAS has turned in its first profitable quarter for four years, with a third-quarter pre-tax surplus of SKr457 million ($41.6 million). It also generated a net profit of SKr461 million for the period, the three months to 31 July 2023, as revenues reached SKr13.2 billion. SAS chief executive Anko van ...
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NewsLockheed Martin to establish F-16 training centre in Romania
With both the USA and European NATO members pledging to train and equip Ukrainian air force pilots with the fourth-generation fighter, manufacturer Lockheed Martin now says it has reached an agreement to establish an F-16 training centre in Ukraine’s neighbour Romania.
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NewsBermudair delays service start due to Hurricane Franklin
Bermudair has delayed its inaugural flights to the USA due to severe weather and now plans to launch 1 September.
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NewsNorse Atlantic aims for first profitable quarter as 787 fleet is fully engaged
Scandinavian long-haul low-cost operator Norse Atlantic Airways is expecting to turn in its first quarterly profit over the summer months, having achieved full production of its fleet. Norse Atlantic generated an operating loss of $88.7 million for the first half including a $26.2 million loss for the second quarter. But ...
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NewsLATAM 767 freighter reached excessive nose-up pitch and stalled during windshear escape
German investigators have disclosed that a LATAM Airlines Boeing 767-300ER freighter reached a steep nose-up pitch of 48°, and started to stall, during a windshear-escape manoeuvre on approach to Frankfurt. The aircraft had been arriving from Amsterdam on 20 June and had stabilised on the ILS Category I approach to ...
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NewsMonarch revival in doubt as funding runs out
An effort to revive UK leisure carrier Monarch Airlines has stalled, barely two weeks since its relaunch was announced.
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NewsEASA strategy director named as interim successor to long-standing chief Ky
European Union Aviation Safety Agency strategy director Luc Tytgat will oversee the regulator from the beginning of September, as the authority seeks a permanent successor to executive director Patrick Ky. Ky steps down as the head of EASA on 1 September having served a second five-year term in the role. ...
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NewsRevenue jump helps privatisation target TAP swing to first-half profit
Privatisation target TAP Air Portugal turned a net profit of €22.9 million ($24.9 million) in the first half of the year, a marked improvement on losses at the same stage of 2022.
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NewsSaab acquires UK autonomy and AI specialist Blue Bear
Saab has acquired UK autonomy and artificial intelligence (AI) specialist Blue Bear Systems, via an all-shares deal disclosed on 31 August.
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NewsA321 hard-landing inquiry unable to determine whether cockpit recorder deliberately erased
Russian investigators have not been able to determine whether a deliberate attempt was made to erase the cockpit-voice recorder of a Nordwind Airbus A321 after a hard landing in Antalya, by fitting it into a different aircraft. The recorder had been present on the A321 (VQ-BRS) as it flew – ...
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NewsNorway’s Elfly lands $8m grant to produce prototype of all-electric seaplane
Norweigian electric seaplane developer Elfly Group has secured an $8 million grant from the government of Norway to continue developing a prototype of its conceptual aircraft, Noemi.